Carter & Tani
Preserving the Best Interests of Franchise and Business Clients for Over 25 Years
CALL 630-668-2135

May 2018 Archives

Congratulations to Alissa Verson on Being Elected as a DuPage County Bar Association Director

Congratulations to our associate Alissa Verson on being elected to the Board of Directors of the DuPage County Bar Association. She will fill one of the Director positions designated for lawyers practicing seven years or less. Since becoming a licensed attorney in 2016, Alissa has been getting involved in the DuPage County Bar Association. In March 2018 she shared her singing talents by performing in the DCBA's annual Judges' Nite musical comedy which is an annual fundraiser for the DuPage Legal Assistance Foundation.

The FDD annual update is done. Do we really have to amend?

All franchisors and their legal counsel focus on the annual Franchise Disclosure Document update that must be completed within 120 days of the franchisor's fiscal year end. Typically, everyone is relieved that the project is done for the year. However, franchisors have an ongoing legal obligation under both federal and state franchise laws to amend the FDD during the year if a material change has occurred.

Application by State Regulators of the NASAA Financial Performance Representation Commentary

As we previously reported last year, on May 8, 2017, the North American Securities Administrators Association (NASAA) voted to adopt a Financial Performance Representation Commentary for franchises (FPR Commentary). The FPR Commentary supplements the 2008 Franchise Registration and Disclosure Guidelines commentary issued by NASAA in 2009 and addresses questions that have been raised over the year by franchisor representatives and state franchise examiners about financial performance representations in Item 19 of the Franchise Disclosure Document.

Learn More About How We Can Help Protect And Grow Your Business

Call our firm at 630-668-2135 to discuss your franchise and business needs with an attorney. We have extensive experience representing national franchisers, regional subfranchisors and Illinois franchisees and businesses. Contact us today to learn more about how we can help you optimize the potential of your franchise. Our offices are conveniently located in the Chicago suburb of Wheaton, Illinois.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Contact Us
Office

Our Location

Carter & Tani, Attorneys at Law
402 E. Roosevelt Road
Suite 206
Wheaton, IL 60187-5588

Phone: 630-668-2135
Fax: 630-668-9009
Map & Directions

Map